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Manufacturing Growth Weakens to Two-Year Low as Orders Slump

A measure of U.S. manufacturing activity weakened in June to a two-year low as new orders contracted, restrained by lingering supply constraints and some softening in demand.

July 1, 2022

Record Drivers for July 4th Weekend to Boost Gasoline Demand

Gasoline demand in the U.S. is set to get a bump this July 4th weekend as a record number of drivers are expected to hit the road with some relief at the pump.

June 30, 2022

Hydrogen’s Uniqueness Calls for Extra Safety Measures

Safety measures are being developed to deal with the special properties of hydrogen as the pace quickens to bring heavy-duty fuel-cell trucks to market.

June 30, 2022

Supreme Court Declines to Hear California AB 5 Contractor Law Appeal

The U.S. Supreme Court announced on June 30 it has declined to hear an appeal of a California state law aimed at reclassifying owner-operators as motor carrier employees.

June 30, 2022

Refueling Milestone to Bring Fuel-Cell Hydrogen Trucks Closer to Reality

Federal researchers hope in July to reach a key milestone to refuel heavy-duty fuel-cell hydrogen trucks in 10 minutes, paving the way to prototype hardware and protocols for fueling stations.

June 30, 2022

US Will Face High Gas Prices ‘as Long as It Takes,’ Biden Says

President Joe Biden said Americans will have to stomach high gas prices “as long as it takes” to beat back Russian President Vladimir Putin’s invasion of Ukraine.

June 30, 2022

Port Automation Hurts Economy, Says Study Funded by Longshore Union

Automation at the Long Beach Container Terminal and the Port of Los Angeles’ TraPac terminal has eliminated 535,848 hours and $41.8 million in wages annually for dockworkers, even as production at ports that are automated is typically lower than at those that aren’t, according to a new study.

June 30, 2022

Key Inflation Gauge Remains a High 6.3%

WASHINGTON — A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged from its level in April.

June 30, 2022

OPEC+ Oil Boost Unlikely to Ease Fuel Prices

NEW YORK — The OPEC oil cartel and allied producing nations decided June 30 to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy.

June 30, 2022